Grains Mixed on Weather, WASDE and Exports: Live Cattle Make New Highs, Hogs Rebound

Grains mixed on weather, WASDE positioning, export inspections. Live cattle push back into contract highs with strong cutouts, hogs rebound. Michelle Rook has a quick summary.

Grains mixed on weather, WASDE positioning, export inspections. Live cattle push back into contract highs with strong cutouts, hogs rebound. Michelle Rook has a quick summary.

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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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